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25 January 2021, 14:23
Who is the billionaire that owns ASOS and what does it stand for?
ASOS is one of the biggest online shopping websites in the world.
Hosting a range of brands, including their own, ASOS has quickly become the go-to place for fashion necessities.
But who owns ASOS and what does it stand for?
ASOS is owned by Danish billionaire Anders Holch Povlsen.
Anders Holch Povlsen is 48-years-old and the CEO of retailer chain Bestseller, which includes ASOS as well as brands such as Jack&Jones and Vera Moda.
The billionaire is the largest individual private landowner in the UK.
Anders is married to Anne Holch Povlsen, and together they had four children – Alma, Agnes, Astrid and Alfred.
Tragically, Alma, Agnes and Alfred were killed in 2019 during the Sri Lanka Easter bombings.
According to Forbes, Anders is worth $12.2billion.
ASOS stands for As Seen On Screen.
When the site first launched in 2000, it was a celebrity get-the-look shopping website, hence the name.